SBI announces Big Plan to improve Wellbeing of its Employees

The State Bank of India (SBI), the country’s largest bank, has announced a big plan to improve both the financial knowledge and wellbeing of all its 2.36 lakh employees.

SBI has partnered with FPSB India (Financial Planning Standards Board) to provide Certified Financial Planner (CFP) training to all its staff. This training will help employees:

• Understand personal finance better
• Improve their skills while helping customers — including NRIs, High Net-Worth Individuals (HNIs), and Ultra-HNIs
• Offer better advice in areas like investments, insurance, retirement planning, and estate planning

A formal agreement (MoU) has been signed between SBI and FPSB India. SBI says this training will bring global standards into their learning process and make their staff ready for the future.

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Focus on Employee Health Through Yoga

Along with financial training, SBI is also promoting health and wellbeing. The bank will hold virtual yoga sessions twice a week for all employees throughout the year.

Recently, on International Yoga Day, around 400 SBI employees, including top officials, joined yoga sessions.

SBI Chairman C. S. Setty said that yoga helps in improving health, and the regular virtual sessions show the bank’s serious commitment to the physical and mental health of its workforce.

He added that a healthy and happy workforce is essential for the bank’s growth and for contributing to a sustainable future.

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